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Convicted Sex Offender Reportedly Harassing Female Real Estate Agents in Ohio

Convicted Sex Offender Reportedly Harassing Female Real Estate Agents in Ohio

by Phil Hall | May 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A convicted sex offender with obsession for female real estate agents is reportedly creating a new wave of harassment in Northeast Ohio. According to combined media reports, a female agent conducting an open house in Sagamore Hills, Ohio, was approached by a man who...
Mortgage Rates Down Slightly, Though Still Elevated

Mortgage Rates Down Slightly, Though Still Elevated

by Phil Hall | May 16, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates registered a decline in the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.02% as of May 16, down from last week when it averaged 7.09%. A year ago at this time, it averaged 6.39%. The...
Rosalyn Merrick Named Chief Executive at Atlanta Habitat for Humanity

Rosalyn Merrick Named Chief Executive at Atlanta Habitat for Humanity

by Phil Hall | May 16, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Atlanta Habitat for Humanity has appointed Rosalyn Merrick as president and CEO. Merrick joined the organization as chief development officer in November 2020. Earlier in her career, she was director of strategic engagement for the Georgia Community Foundation Inc....
CBRE Predicts Lodging Sector RevPAR Growth Improvement in H2 2024

CBRE Predicts Lodging Sector RevPAR Growth Improvement in H2 2024

by Phil Hall | May 16, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

CBRE (NYSE: CBRE) is predicting an improvement in revenue per available room (RevPAR) growth during the second half of 2024, following a weaker-than-expected first quarter. The company’s latest forecast projects a 2.0% increase in RevPAR growth for 2024, down from the...
Margaritaville to Create Beachfront Condo Development in Panama

Margaritaville to Create Beachfront Condo Development in Panama

by Phil Hall | May 16, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The global lifestyle brand Margaritaville has partnered with the Panamanian developer Grupo Los Pueblos for the creation of a beachfront condo destination in Panama. The Margaritaville Beach Resort & Residences Playa Caracol will be located roughly an hour from...
Supreme Court Upholds CFPB Funding Structure

Supreme Court Upholds CFPB Funding Structure

by Phil Hall | May 16, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Supreme Court issued a 7-2 ruling that declared the funding mechanism of the Consumer Financial Protection Bureau (CFPB) did not run afoul of the Appropriations Clause of the Constitution. The case, Consumer Financial Protection Bureau v. Community Financial...
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